NOT LISTED FOR SALE

481 N Basin Dr Ishpeming Township, MI 49866

Estimated Value: $149,000 - $228,000

2.47 Acres
$82,018 Price per Acre
107,593 Sq Ft Lot

Last Sold August 30, 2023

Last sale price $190,000

Est. 7% increase in value since last sale

Current estimated payment $1,103/month

7 Days on Market

Highlights

  • Lake Front
  • Sauna
  • Wooded Lot
  • Lakeview Elementary School Rated A-

About This Lot

As of August 2023

Check out this waterfront parcel on the Dead River Basin! The view from this property is fantastic!! Currently there is a travel trailer on the property, but it would be a great place to build. Enjoy your summers with sitting out on the porch watching the sunset. Spend your weekends touring the basin in your pontoon boat. Go swimming and warm up in the sauna. Check out this place today!!

Last Agent to Sell the Property

Bradley Argall

RE/MAX 1ST REALTY License #UPAR-6501400975 Listed on: 07/26/2023

RE/MAX 1ST REALTY

Last Buyer's Agent

Bradley Argall

RE/MAX 1ST REALTY License #UPAR-6501400975 Listed on: 07/26/2023

RE/MAX 1ST REALTY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12

Lot Details

  • 2.47 Acre Lot
  • Lot Dimensions are 235x400x275x500
  • Lake Front
  • Street terminates at a dead end
  • Rural Setting
  • Sloped Lot
  • Wooded Lot

Interior Spaces

  • Sauna

Utilities

  • Drilled Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 52-07-640-007-00

Community Details

Overview

  • Property has a Home Owners Association
  • North Basin Drive Subdivision

Recreation

  • Access To Lake

Property Details

Property Type

Land

Est. Annual Taxes

$12

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: VACANT LAND
  • Type Of Property: Vacant Land
  • Style: Vacant Land
  • Sub Structure Types: Sauna
  • Total Tax Year: 2023
  • Mail City: Ishpeming
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage: 278
  • Lake Name: Dead River Basin
  • Water Features: Lake Frontage, Lake/River Access, Water View, Waterfront, All Sports Lake, Interior Lake
  • Waterfront: Yes
  • Roads: Gravel, Private Road, Private W/Association, Black Top
  • Frontage Type: Water

Utilities

  • Water: Drilled Well
  • Sewer/Septic System: Septic
  • Fuel On Site: Electric

Condo/Co-op/Association

  • Association Fee: Yes

Fee Information

  • Fee Schedule: Yearly

Schools

  • School District: Nice Community Schools

Lot Info

  • Assessor Parcel Number: 52-07-640-007-00
  • Location: Dead End, Rural
  • Acreage: 2.47
  • Lot Description: Sloping, Unpaved, Wooded
  • Zoning: Residential
  • Lot Size: 235x400x275x500
  • Geo Subdivision: MI

Tax Info

  • Taxable Value: 49738
  • Total Tax: Year: 2023
  • SEV Year: 2023

MLS Schools

  • School District: NICE Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2023
Closed on
Aug 24, 2023
Sold by
Robert And Patricia Varda Family Trust
Bought by
Vidlund Anthony and Vidlund Angie
Seller's Agent
Bradley Argall
RE/MAX 1ST REALTY
Buyer's Agent
Bradley Argall
RE/MAX 1ST REALTY
List Price
$200,000
Sold Price
$190,000
Premium/Discount to List
-$10,000
-5%
Views
2
Current Estimated Value
$202,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,585
Avg. Annual Appreciation
-0.08%
Original Mortgage
$171,000
Outstanding Balance
$112,177
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$77,520

Purchase Details

Closed on
Apr 8, 2021
Sold by
Varda Robert N and Varda Patricia
Bought by
Robert And Patricia Varda Family Trust and Fami Patricia

Purchase Details

Closed on
Feb 29, 2000
Bought by
Varda Robert and Varda Patricia
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Vidlund Anthony $190,000 None Listed On Document
Robert And Patricia Varda Family Trust -- Steward & Sheridan Pc
Varda Robert $31,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vidlund Anthony $171,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2023 08/30/23 Sold $190,000 -5.0% --
08/02/2023 08/02/23 Pending -- -- --
07/26/2023 07/26/23 For Sale $200,000 -- --
Source: Upper Peninsula Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12 $66,400 $0 $0
2024 $12 $77,300 $0 $0
2023 $497 $73,700 $0 $0
2022 $1,992 $57,900 $0 $0
2021 $1,906 $58,300 $0 $0
2020 $1,882 $57,900 $0 $0
2019 $1,848 $57,700 $0 $0
2018 $1,852 $55,300 $0 $0
2017 $1,814 $48,700 $0 $0
2016 $1,403 $47,950 $0 $0
2015 -- $47,950 $0 $0
2014 -- $47,950 $0 $0
2012 -- $47,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50116751

Upper Peninsula Association of REALTORS®

APN: 52-07-640-007-00